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Discovery Silver Corp T.DSV

Alternate Symbol(s):  DSVSF

Discovery Silver Corp. is a precious metals company engaged in the acquisition, development and operation of assets. The Company’s flagship asset is its 100%-owned Cordero project, an undeveloped silver deposit, which is located close to infrastructure in a mining belt in Chihuahua State, Mexico. The key targets being evaluated include La Perla (10 kilometers (km) south of Cordero), Dos Mil Diez (immediately southwest of Cordero) and Porfido Norte (10 km north of Cordero).


TSX:DSV - Post by User

Comment by BaldSilverHeadon Apr 13, 2024 11:16am
183 Views
Post# 35987441

RE:RE:RE:RE:RE:RE:RE:RE:RE:Down day

RE:RE:RE:RE:RE:RE:RE:RE:RE:Down day

I agree with your thoughts. Here's my viewpoint:

silver price - increasing due to debt/dollar, crypto bail, supply dwindling, demand increasing / green solar, China public buying, India buying, CB buying.

mine - permitting allowed, tapering of no open pit to some regulatory environmental oversite ( we already have 1 enviro permit just need one more / we are promoting water usage. Size of deposit. 

how I see it playing out. Sometime after 15 April the mining review will decide what's best for mining in Mexico. The share price will approach $1.20, silver will continue to climb the only setback being perhaps a pause or 10 % decline when recession takes hold I see inflation and recession AND the Fed will cut rates into that around Jun/July and Ag will leave the atmosphere towards deep space. I see action here similar to Mar 2020 (x7 bagger).but of longer and higher projection I see a 10x bagger this year, higher with mine financing secured. 

the risk? Silver - zero risk in my book. Mine - permit/ Mexican govt. 

im willing to take that risk. Both Silver price rise and Mine derisking / permitting should make this a greater than 10 bagger this year!

I have a ton of skin in this stock due to this dynamic. 

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